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Sri Lanka appoints two state ministers and five deputy ministers
Jun 12, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena has appointed two state ministers and five deputy ministers. The seven new ministers and deputy ministers were sown in at the Presidential Secretariat a short while ago. They will non cabinet ministers. The full list follows: State Ministers Ranjith Aluvihare – Tourism Development and Christian […]
Sri Lanka Eco summit to focus on the fast track to a turnaround
Jun 12, 2018 (LBO) – Sri Lanka Economic Summit 2018, organized by the Ceylon Chamber of Commerce to take place on 12th – 14th September at Cinnamon Grand Colombo will be themed “On the Fast Track to a Turnaround”.Sri Lanka’s economy is once again at a crucial juncture in need of a swift and well strategized […]
All set for Tuesday summit between USA and North Korea in Singapore
Jun 11, 2018 (LBO) – The United States State Department says all is set and President Donald Trump is “well prepared,” and their “position remains clear and unchanged” a day ahead of the historic summit with North Korea. “The President and the entire U.S. team are looking forward to tomorrow’s summit. We have had substantive […]
High Tech Swiss firm eyes Sri Lanka for investment
Jun 11, 2018 (LBO) – KUK Electronics AG, a high technology swiss electronic manufacturer are exploring the the possibility of setting up a manufacturing plant in Sri Lanka with the objective of exporting their products. KUK Electronic AG, which was established in 1990 in Appenzell, Switzerland, operates production facilities in China, Slovakia, France, The Netherlands […]
SLASSCOM to organise IT /BPM week in Galle
Jun 11, 2018 (LBO) – As part of SLASSCOM’s initiative to advocate the creation of regional cities and bring about inclusive growth to Sri Lanka, it is organising Galle IT/BPM Week on 22 June, 6th and 7th of July 2018 to build human capacity in the regional cities. Galle IT Week is the third of […]
Tribute: Sir Desmond De Silva QC (1939-2018)
June 10, 2018 (LBO) – The British press is full of tributes following the unexpected demise of Sir Desmond de Silva QC. Most major media publications in the UK explored and saluted his brilliant career and its legacy. The Sri Lankan media seem to have failed to recognise the significance of one of the Nation’s […]
S&T Interiors Sri Lanka to debut first overseas project at Marriott Maldives
Sri Lanka’s most exclusive turnkey contracting and interior fit-out company, S&T Interiors Sri Lanka is rapidly nearing completion on its milestone project for the Marriott Maldives Resort and Spa. The project marks S&T Interiors Sri Lanka’s first first-ever international project and follows on several high-end domestic projects – from the Mövenpick City Hotel in Colombo […]
Increased rice yield to support Sri Lanka’s agricultural rebound: OBG
June 08, 2018 (LBO) – Following a series of climate-impacted yields, Sri Lanka’s agricultural sector is forecast to rebound in 2018, with stronger rice production and the reintroduction of tariffs expected to reduce the country’s import bill and strengthen national earnings, Oxford Business Group said. Sri Lanka economic update – Oxford Business Group Rice production for […]
SriLankan Airlines CEO Suren Ratwatte retires amid Commission hearings
June 08, 2018 (LBO) – SriLankan Airlines CEO Suren Ratwatte has submitted a letter announcing his early retirement, few days after Presidential Commission on SriLankan and Mihin commenced witness hearings. Ratwatte appointed as the Chief Executive Officer of SriLankan Airlines and Mihin Lanka with effect from October 2015. Presidential Commission is to investigate alleged irregularities […]
Knuckles lands not given to investors; Bring evidence if you have: Minister
Jun 08, 2018 (LBO) – Sri Lanka’s Minister of Public Enterprise and Kandy Development, Lakshman Kiriella denied allegations that he was involved in giving acres of land in the Knuckles reserve to several close associates. Speaking at a press conference Thursday the minister said that the allegations were baseless and that the government has taken no […]
Laugfs empowers future generations with Nana Maga Math camps
The LAUGFS Nana Maga Math Camps conducted in collaboration with the Ministry of Education marked another milestone of assisting over 1500 students to strengthen their mathematics knowledge through skill enhancement.The 10th programme was recently conducted in Matara with over 150 G.C.E. (Ordinary Level) students. The LAUGFS Nana Maga Math Camps project was launched last year […]
CSE transfers companies to Watch List due to non-submission of reports
June 07, 2018 (LBO) – Colombo Stock Exchange has transferred nine companies to their Watch List with effect from today due to non-submission of interim financial statements for the period ended 31 March 2018. Accordingly, Anilana hotels and properties, Adam capital, Tess agro, Ceylon & foreign trades, Janashakthi, Ceylon printers, Lucky Lanka milk processing, Office […]